We have been expecting the Inverse Head and Shoulders (IH&S) to break-out above the Lower Highs trend-line since May 06 (see chart below) and Bitcoin (BTCUSD) dully delivered: In fact, what we will do on this idea is simply update the Bullish Megaphone of May 02 and chart it inside a more fitting Channel Up: The previous two IH&S bottom formations...
The shape is similar to a double top, continue to sell in this range, tp 64988/63950/63322
My Dear Robbers / Traders, This is our master plan to Heist Bearish side of BTCUSD Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned with target in the chart focus on Short entry, Our target is Green Zone that is High risk Dangerous area market is overbought / Consolidation / Trend Reversal at the level Bearish...
Bitcoin (BTCUSD) started to rise again, which is very natural as it almost completed a -25% correction (normal during Bull Cycles) and closed yesterday above the 1D MA50 after two straight rejections. The situation couldn't look better on the long-term charts as well, namely on 1W where it is at a cyclical stage (ellipse on the chart) where during past Cycles it...
BTC ~ 4D Updated #BTC On 4D Timeframe, CRYPTOCAP:BTC USD Formed a Bull Flag Pattern. It is very bullish if it breaks the resistance line of this pattern
Bitcoin (BTC) is recognised as the world's first truly digitalised digital currency (also known as a cryptocurrency). The Bitcoin price is prone to volatile swings; making it historically popular for traders to speculate on. Follow the live Bitcoin price using the real-time chart, and read the latest Bitcoin news and forecasts to plan your trades using fundamental...
BTC ~ 1W #BTC Very simple. we found this History for 1W MACD. When the MACD crosses, the price tends to be Down. we found this at least twice in history. will it happen again this time? if yes. $55,000 - $52,000 is the closest target currently possible to achieve.
The downtrend has been broken, but support needs to be retested, so sell first, tp 62322/61910
Bitcoin (BTCUSD) just completed the final consolidation phase (red Rectangle) that as per the price action of past Cycles, is the final stage before the 1-year rally to the new Top. As you can see alt coin market (black trend-line) tends to bottom after Bitcoin's rally has already started and when it turns sideways again for a few weeks. Technically alts make...
BTC ~ 1W #BTC In the long term we still see a bullish pattern here. Be patient, Every dip we just keep buying. we'll let you know when we see a Bear zone emerge. here of course.
BTC ~ 12H #BTC On a slightly larger time horizon (12H), We see BITSTAMP:BTCUSD Moving in a descending channel. 2 scenarios for this. A break of this pattern's Resistance Line will break this descending channel pattern. or #BTCUSD Needs to Retest the Support Line in this descending pattern. this is only for the short term. we are still bullish for the long term.
CRYPTOCAP:BTC ~ 1H #BTC At smaller times (1H) we still see a bear pattern here. We don't expect this to happen, but if the price goes towards $55,000 - $51,000, we will make very large purchases here.
BTC ~ 4D #BTC There is always a fakeout before further increases. We are still bullish on the crypto market so far. Our target is 10 - 15 months after the halving occurs.
Bitcoin (BTC) is recognised as the world's first truly digitalised digital currency (also known as a cryptocurrency). The Bitcoin price is prone to volatile swings; making it historically popular for traders to speculate on. Follow the live Bitcoin price using the real-time chart, and read the latest Bitcoin news and forecasts to plan your trades using fundamental...
Bitcoin (BTC) is recognised as the world's first truly digitalised digital currency (also known as a cryptocurrency). The Bitcoin price is prone to volatile swings; making it historically popular for traders to speculate on. Follow the live Bitcoin price using the real-time chart, and read the latest Bitcoin news and forecasts to plan your trades using fundamental...
Judging from the graph, there will be another decline, and there is a high probability that a strong support will be formed near 59500. I have marked the approximate position on the graph. After the price reaches this point, start going long, rebound to near the upper resistance, and take profits in batches. Pay attention to risk control during the...
Bitcoin (BTCUSD) broke again below the 1D MA100 (green trend-line) after the 3rd rejection on the 1D MA50 (blue trend-line) in almost 1 month (since the April 13 bearish break-out). If it stays unbroken, it is a far from ideal development as the 1-year price action has shown us that such a pattern risks making a Lower Low. The technical structure since April 08...
Bitcoin (BTCUSD) is trading within the Rally Channel (green) with the price having already reached its bottom, making the 2nd Higher Low of the pattern. This is the very same pattern that emerged in the previous Cycle after the Growth Channel Up and took BTC to its new All Time High (ATH) at the time. Both Growth Channels had a crash event below them, the...